Automotive Parts Packaging Market by Material (Plastics, Glass, Aluminum), by Product (Bags & Pouches, Bottles & Jars, Tubes), by End-User (Personal Care & Home Care, Healthcare, Food & Beverages), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Automotive Parts Packaging Market size was valued at USD 10.62 USD Billion in 2023 and is projected to reach USD 15.24 USD Billion by 2032, exhibiting a CAGR of 5.3 % during the forecast period. Automotive parts packaging is the protective and transporting packaging material used to contain and secure car parts as they undergo the manufacturing process, distribution, and storage. These solutions are in the form of corrugated boxes, plastic crates, vacuum-sealed bags and special foam cavities. Automotive parts packaging focuses on the ability to withstand conditions the parts will be subjected to, protection from impact forces and size and shape optimization. This application varies from shielding complicated electronic modules to safeguarding bulky engine blocks. They include minimization of product damage, improved flow of goods, and money-saving through the use and recycling of materials.
Material:
Product:
End-User:
Regional Insight: Asia-Pacific dominated the market in 2021, accounting for over 40% share due to high automotive production in China, India, and Japan. Europe and North America are expected to witness steady growth over the forecast period.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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